HPE vs. WDC: Hewlett Packard Enterprise vs. Western Digital Stock Comparison
How do Hewlett Packard Enterprise (HPE) and Western Digital (WDC) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Hewlett Packard Enterprise (HPE) and Western Digital (WDC) are both classified in the Technology Hardware, Storage & Peripherals sub-industry within the broader Technology Hardware, Storage & Peripherals industry, placing them in the closest GICS peer bucket.
| Profile Item | HPE | WDC |
|---|---|---|
| Name | Hewlett Packard Enterprise Company | Western Digital Corp. |
| Country/Region | United States | United States |
| GICS Sector | Information Technology | Information Technology |
| GICS Industry Group | Technology Hardware & Equipment | Technology Hardware & Equipment |
| GICS Industry | Technology Hardware, Storage & Peripherals | Technology Hardware, Storage & Peripherals |
| GICS Sub-Industry | Technology Hardware, Storage & Peripherals | Technology Hardware, Storage & Peripherals |
| Market Capitalization | 59.43 billion USD | 98.74 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | Nasdaq |
| Listing Date | October 19, 2015 | October 31, 1978 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | HPE | WDC |
|---|---|---|
| Total Return (1Y) | 110.12% | 78.89% |
| Total Return (3Y, Annualized) | 49.38% | 106.11% |
| Total Return (5Y, Annualized) | 28.98% | 47.06% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | HPE | WDC |
|---|---|---|
| Volatility (1Y, Annualized) | 61.60% | 83.20% |
| Beta (5Y) | 1.49 | 2.35 |
| Max Drawdown (5Y) | -48.36% | -64.64% |
| Avg. Volume (3M) | 20.47M | 8.01M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | HPE | WDC |
|---|---|---|
| Sharpe Ratio (1Y) | 1.72 | 0.90 |
| Sortino Ratio (1Y) | 2.76 | 1.32 |
Profitability
ROE (TTM)
Western Digital (WDC) at 129.60% clears its industry range for ROE, a sharper capital-efficiency signal than Hewlett Packard Enterprise (HPE) at 10.94%, which is closer to a typical peer reading.
HPE
Technology Hardware & Equipment industry group
10.94%
- Max
- 42.47%
- Q3
- 19.13%
- Median
- 11.00%
- HPE
- 10.94%
- Q1
- 1.63%
- Min
- -20.62%
WDC
Technology Hardware & Equipment industry group
129.60%
- WDC
- 129.60%
- Max
- 42.47%
- Q3
- 19.13%
- Median
- 11.00%
- Q1
- 1.63%
- Min
- -20.62%
Net Margin (TTM)
Western Digital (WDC) at 69.20% converts revenue to bottom-line profit above its industry’s benchmark range, while Hewlett Packard Enterprise (HPE) at 6.67% keeps roughly the typical share for its industry.
HPE
Technology Hardware & Equipment industry group
6.67%
- Max
- 27.60%
- Q3
- 11.66%
- HPE
- 6.67%
- Median
- 4.08%
- Q1
- 0.00%
- Min
- -11.02%
WDC
Technology Hardware & Equipment industry group
69.20%
- WDC
- 69.20%
- Max
- 27.60%
- Q3
- 11.66%
- Median
- 4.08%
- Q1
- 0.00%
- Min
- -11.02%
Operating Margin (TTM)
Western Digital (WDC) at 47.68% turns sales into operating profit above its industry’s benchmark range, while Hewlett Packard Enterprise (HPE) at 12.56% operates around its industry’s norm.
HPE
Technology Hardware & Equipment industry group
12.56%
- Max
- 36.27%
- Q3
- 18.36%
- HPE
- 12.56%
- Median
- 8.84%
- Q1
- 1.46%
- Min
- -21.39%
WDC
Technology Hardware & Equipment industry group
47.68%
- WDC
- 47.68%
- Max
- 36.27%
- Q3
- 18.36%
- Median
- 8.84%
- Q1
- 1.46%
- Min
- -21.39%
Profitability Metrics
| Metric | HPE | WDC |
|---|---|---|
| ROE (TTM) | 10.94% | 129.60% |
| ROA (TTM) | 2.64% | 25.88% |
| Net Margin (TTM) | 6.67% | 69.20% |
| Operating Margin (TTM) | 12.56% | 47.68% |
| Gross Margin (TTM) | 36.62% | 52.60% |
Growth
Revenue Growth
Western Digital (WDC) at 35.70% sits in the top revenue growth quartile, while Hewlett Packard Enterprise (HPE) at 13.84% is closer to the peer norm — faster top-line expansion for WDC.
EPS Growth
Western Digital (WDC) at 372.38% delivers above-range EPS growth, while Hewlett Packard Enterprise (HPE) at -102.07% falls into the bottom quartile — a wide split in earnings momentum.
Growth Metrics
| Metric | HPE | WDC |
|---|---|---|
| Revenue Growth (YoY) | 13.84% | 35.70% |
| Revenue Growth (3Y CAGR) | 6.37% | 27.35% |
| EPS Growth (YoY) | -102.07% | 372.38% |
| EPS Growth (3Y CAGR) | -- | -- |
Financial Strength
Current Ratio (MRQ)
Western Digital (WDC) at 1.43 keeps current ratio within its industry’s typical mid-range, while Hewlett Packard Enterprise (HPE) at 1.11 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for HPE.
HPE
Technology Hardware & Equipment industry group
1.11
- Max
- 5.34
- Q3
- 3.02
- Median
- 1.95
- Q1
- 1.32
- HPE
- 1.11
- Min
- 0.17
WDC
Technology Hardware & Equipment industry group
1.43
- Max
- 5.34
- Q3
- 3.02
- Median
- 1.95
- WDC
- 1.43
- Q1
- 1.32
- Min
- 0.17
Debt / Equity (MRQ)
Both Hewlett Packard Enterprise (HPE) at 0.76 and Western Digital (WDC) at 0.10 fund their balance sheets with roughly industry-typical debt-to-equity mixes.
HPE
Technology Hardware & Equipment industry group
0.76
- Max
- 1.76
- Q3
- 0.78
- HPE
- 0.76
- Median
- 0.24
- Q1
- 0.04
- Min
- 0.01
WDC
Technology Hardware & Equipment industry group
0.10
- Max
- 1.76
- Q3
- 0.78
- Median
- 0.24
- WDC
- 0.10
- Q1
- 0.04
- Min
- 0.01
Financial Strength Metrics
| Metric | HPE | WDC |
|---|---|---|
| Current Ratio (MRQ) | 1.11 | 1.43 |
| Debt / Equity (MRQ) | 0.76 | 0.10 |
| Net Debt / EBITDA | 2.05 | -0.06 |
Dividends
Dividend Yield (TTM)
Western Digital (WDC) at 0.21% pays an industry-typical yield; Hewlett Packard Enterprise (HPE) at 1.26% is above its entire peer range — the higher number, but one that calls for a look at payout sustainability before treating it as an advantage.
HPE
Technology Hardware & Equipment industry group
1.26%
- HPE
- 1.26%
- Max
- 0.73%
- Q3
- 0.31%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
WDC
Technology Hardware & Equipment industry group
0.21%
- Max
- 0.73%
- Q3
- 0.31%
- WDC
- 0.21%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Western Digital (WDC) at 1.93% pays out a band-typical share of earnings, while Hewlett Packard Enterprise (HPE) at 28.74% distributes more than its industry norm — less retained, thinner cover.
HPE
Technology Hardware & Equipment industry group
28.74%
- Max
- 32.27%
- HPE
- 28.74%
- Q3
- 14.48%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
WDC
Technology Hardware & Equipment industry group
1.93%
- Max
- 32.27%
- Q3
- 14.48%
- WDC
- 1.93%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | HPE | WDC |
|---|---|---|
| Dividend Yield (TTM) | 1.26% | 0.21% |
| Dividend Payout Ratio (TTM) | 28.74% | 1.93% |
Valuation
P/E Ratio (TTM)
Western Digital (WDC) at 9.28 sits in the cheaper P/E ratio quartile, while Hewlett Packard Enterprise (HPE) at 23.08 is closer to its industry’s usual earnings multiple — a discount for WDC, though growth and earnings durability still matter.
HPE
Technology Hardware & Equipment industry group
23.08
- Max
- 69.48
- Q3
- 41.02
- Median
- 26.39
- HPE
- 23.08
- Q1
- 19.36
- Min
- 6.07
WDC
Technology Hardware & Equipment industry group
9.28
- Max
- 69.48
- Q3
- 41.02
- Median
- 26.39
- Q1
- 19.36
- WDC
- 9.28
- Min
- 6.07
P/S Ratio (TTM)
Hewlett Packard Enterprise (HPE) at 1.42 is priced about in line with its industry on P/S ratio, while Western Digital (WDC) at 6.82 sits in the pricier quartile — WDC costs more per dollar of sales.
HPE
Technology Hardware & Equipment industry group
1.42
- Max
- 11.30
- Q3
- 5.82
- Median
- 2.56
- HPE
- 1.42
- Q1
- 1.05
- Min
- 0.00
WDC
Technology Hardware & Equipment industry group
6.82
- Max
- 11.30
- WDC
- 6.82
- Q3
- 5.82
- Median
- 2.56
- Q1
- 1.05
- Min
- 0.00
P/B Ratio (MRQ)
Hewlett Packard Enterprise (HPE) at 2.24 is valued about in line with its industry on P/B ratio, while Western Digital (WDC) at 10.55 carries an above-peer premium to book — WDC is pricier on assets.
HPE
Technology Hardware & Equipment industry group
2.24
- Max
- 10.75
- Q3
- 5.52
- Median
- 3.17
- HPE
- 2.24
- Q1
- 1.79
- Min
- 0.33
WDC
Technology Hardware & Equipment industry group
10.55
- Max
- 10.75
- WDC
- 10.55
- Q3
- 5.52
- Median
- 3.17
- Q1
- 1.79
- Min
- 0.33
Valuation Metrics
| Metric | HPE | WDC |
|---|---|---|
| P/E Ratio (TTM) | 23.08 | 9.28 |
| P/S Ratio (TTM) | 1.42 | 6.82 |
| P/B Ratio (MRQ) | 2.24 | 10.55 |
| Free Cash Flow Yield (TTM) | 7.97% | 2.76% |